Monday, 6 November 2017

Power Ledger Bounty

The Power Ledger Ecosystem supports a growing number of energy trading applications. Some of the key classes of applications are listed below while the full list is available in our white paper, with some already operational, and others in advanced conceptual design or in development.

How does it work?

There are two types of tokens, POWR and Sparkz, POWR tokens allow the Application Hosts and their consumers to gain access to the P2P trading features and other Power Ledger applications. Sparkz, the “low level” token, are specifically limited to representing the tokenized value of a unit of electricity in varying markets around the world. The POWR token is the access token, like a software license, that grants ability for Application Hosts to transact on the Platform, through trading POWR tokens for Sparkz.

Early Bird’s BonusYou’ll get a discount if you’re one of the early buyers in our TGE.Week 1 15%Week 2 10%Week 3 5%Week 4+ 0%

Developers and FoundersAll of the Developer’s and Founder’s tokens will be subject to escrow for a period between 6 and 18 months starting at the completion of the Token sale.

Growth PoolPOWR tokens are created to incentivize Platform Participants to use the system. This is done through Power Ledger gifting or discounting POWR tokens to users, such as Utilities or ‘Application Host’ who have a consumer base and are ready to become participants in the Power Ledger Ecosystem. These tokens will be held in escrow for a minimum of 1–3 years to ensure their use on the platform.[/pre]

Use of token

Bounty Campaign Power Ledger Pty Ltd (Power Ledger) is holding a Token Generation Event (TGE) for the sale of POWR Tokens. Power Ledger is holding a Bounty Campaign, a program to reward supporters of a certain project, to facilitate the TGE. Participants in the Bounty Campaign are rewarded with POWR tokens. A total of 1,500,000 POWR tokens from the TGE will be allocated to the Bounty Pool for eligible Bounty Participants.

(e)Keep the Power Ledger tweets on your Twitter until the distribution of all Bounty Rewards has been concluded;

(f) Ensure all tweets have the hashtag #POWRtoken, unless you are retweeting a tweet already contains the hashtag; Bounty Reward points will be calculated as follows: Type of Post Bounty Reward Points Tweets +10 points Retweets +5 points One off bonus reward combining the number of followers and connected friends associated with the Twitter account Points awarded relatively according to the combined Twitter total Copyright Power Ledger 2017 Page 2 Initially additional points will be allocated proportional to the Participant’s number of followers and connected friends associated with their twitter account. The number of twitter followers counts from the day the bounty begins. Subsequent qualifying tweets or re-tweets will be rewarded as shown in the above table. Twitter failures beyond the control of Power Ledger will result in reward points being unaccounted for in the Bounty Rewards system.

(b) Authorize Power Ledger’s Facebook App to access your user profile and timeline; 10% of your total Facebook friends will be used as “bonus” reward points at the time you register. Facebook failures beyond the control of Power Ledger will results in reward points being unaccounted for in the Bounty Rewards system. The Power Ledger Facebook page can be found here — https://www.facebook.com/powerledger/

3. BITCOIN TALK BOUNTY CAMPAIGN 4.1 BITCOIN TALK CLICK CAMPAIGN RULES Copyright Power Ledger 2017 Page 3 Type of Post Bounty Reward Points A 10% bonus will be applied according to the number of friends. 10% of your total friends will be added as a one-time bonus. “Likes” of posts on the Power Ledger facebook page + 5 point “Shares” of posts on the Power Ledger facebook page + 15 point Power Ledger’s Bitcoin Talk Signature Campaign will be run uniquely for our TGE, through our designed “Click Campaign”. You can earn Bounty Reward points from the number of unique visitor “Clicks” on your provided forum signature. Other Bitcoin Talk forum members that click on your unique signature link will earn you points. To be eligible to participate in Bitcoin Talk Click Campaign you must:

(a)Register through the Bounty Registration system with your email; and

(b)Add the Click link within 48 hours of receiving the link, that is sent from Power Ledger to your dedicated email, to your Bitcoin Talk signature; and

4. CONTENT CREATION 5.1 CONTENT CREATION RULES Copyright Power Ledger 2017 Page 4 Bitcoin Talk Rank Bounty Points per Signature Clicks Legend/Hero +5 points Senior Member + 3 points Full Member + 2 points Member +1 point Junior Member + 1 point You can write a published blog or article, in any of the official Power Ledger White Paper translated languages, of at least 250 words containing at least two links to the Power Ledger Website (https://tge.powerledger.io/). The two links to the Website need to properly referenced and related to the content of the blog post or published article. Power Ledger’s Content Assessors will assess the blog or published article on its contents at ‘standard’, ‘complementary’ and ‘exceptional’. The blog’s or article’s assessment will also include the popularity of the content. Bounty points will only be awarded to your Bounty Account, after the Content Assessor’s review. To be eligible to participate in Content Creation campaign you must write a published blog or article:

(a)Of at least 250 words;

(b)Containing at least 2 links to the Power Ledger Website. Once it is published you must:

(e) Post your link to your article at the Bounty Registration Website (https://bounty.powerledger.io) using the same email address each time.

5. HOW TO REVIEW REWARD POINTS After the Bounty Registration process has been complete an email will be sent to you including your own personal link, to your Bounty Reward points and account details. You can use this link to view your total accounts points during the Bounty Campaign. The Bounty Campaign points are not a direct correlation to the final amount of POWR tokens issued to participants. These Bounty points are representative of your efforts rewarded during the Bounty Campaign. Power Ledger will be awarding POWR Tokens proportional to the final amount of Bounty points each participant has earned. Power Ledger has a dedicated Copyright Power Ledger 2017 Page 5 Content Standard Bounty Reward Points Standard +10 points Complementary + 15 points Exceptional + 20 points Bounty Campaign pool allocated for this, separate to the TGE pool of POWR Tokens.

6. GENERAL BOUNTY CAMPAIGN RULES All rewards will be made at Power Ledger’s discretion. If Power Ledger believes there is manipulation of the Campaign Rules in any form, including but not limited to generation of artificial Likes, Shares, Clicks, fraudulent account use or spamming, the Bounty Participant will be disqualified from the Bounty Campaign and receive no rewards. Points accumulated in each promotional category will be totaled together and awarded to the recipient at the end of the Bounty Campaign. Rewards will only be distributed once the TGE has concluded. Rewards will be distributed within 4 weeks of the conclusion of the TGE, unless otherwise specified. Power Ledger reserves all rights to changing the Bounty Campaign and or the rules at any time. Power Ledger will notify registered participants through email if changes are made to the Bounty Campaign.

7. CONTACT For any further questions during or after the TGE, please contact us on our telegram group “Official Power Ledger TGE” or via email on tge@powerledger.io